Path 2

Path 2

Yes, It Is Expensive to Park a Car in Manhattan

July 8, 2011

If you did not already know this, now you do. Also, if you did not already know this, you may not deserve to live in Manhattan, but here it is, anyway: Manhattan is the most expensive place in the U.S. to park a car. After all, very few of us have actual garages attached to our actual houses, which would presumably give us a very cheap, even free, actual place to park. The New York Post reports on this injustice, explaining that our average monthly rates are $541 in Midtown and $533 downtown — for parking. That is the practically the price of a new pair of way-too-expensive shoes! By contrast, the national average cost for parking is $155.22. Economists predict that parking will only get more expensive as the economy improves, but fortunately, given the latest jobs report, we don’t have to worry about that just yet. After all, we can’t even afford a car. [NYP]